Category: Finance markets

You think it’s bad *here*?

19 August, 2008 (10:09) | Finance markets, Housing, Markets, United Kingdom, US News |

  As we watch the US housing and capital markets struggle to find their equilibrium, there’s no question we are experiencing a worldwide phenomenon – and even allowing for the parochial lenses through which Americans receive news of other people’s markets, I think it’s clear that however much disturbance we are facing in the US […]

Negotiating your rating: Part 3, the circumstantial evidence

25 April, 2008 (09:52) | Finance markets, Rating agencies, Subprime, Theory, US News |

[Continued from the previous Part 1 and Part 2.]   For the previous two days, we’ve been delving into whether, as implied by a Wall Street Journal article on the rating agencies, Moody’s got so cozy with the issuers it was rating, and who were paying its fees, that it succumbed to grade inflation.   […]

Negotiating your rating: Part 2, the rough and tumble

24 April, 2008 (09:10) | Finance markets, Rating agencies, Subprime, Theory, US News | 1 comment

[Continued from yesterday’s Part 1.]   Yesterday we tackled a tough subject — how much opportunity should an issuer have to work with a rating agency to achieve a target result?   [For background on the rating agencies, see my five-part post from last August, A Symbiote’s Life is Not a Happy One, Part 1, Part […]

Negotiating your rating: Part 1, the ivory tower

23 April, 2008 (09:08) | Finance markets, Rating agencies, Subprime, Theory, US News |

How much opportunity should an issuer have to work with a rating agency to achieve a target result?   [For background on the rating agencies, see my five-part post from last August, A Symbiote’s Life is Not a Happy One, Part 1, Part 2, Part 3, Part 4, and Part 5.]     Mel: You mean […]